FAQs for the Barnsley Building Society Conveyancing Panel from members of the public
It has come to my attention via my broker that my lawyer is not on the Barnsley Building Society Solicitor panel. What can I do to check?
The first thing you need to do is to contact your lawyer directly. It is reasonable to expect your lawyer to advise you of the situation. If they are not on the panel they may recommend you to a firm that is on the conveyancing panel for Barnsley Building Society.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Barnsley Building Society will not agree to this. Why was Barnsley Building Society even consulted?
Your lawyer being on the Barnsley Building Society conveyancing panel is duty bound to inform Barnsley Building Society of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Barnsley Building Society then they would have to discontinue acting for you and Barnsley Building Society.
I am purchasing a property and need a conveyancing solicitor in Manchester who is on the Barnsley Building Society solicitor. Can you recommend a local conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Barnsley Building Society . We don’t recommend any particular firm.
I am buying a terraced house and getting a mortgage with Barnsley Building Society. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Barnsley Building Society conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Barnsley Building Society conveyancing panel in your location.
Hi, thinking about buying a house off my mate. Assuming we can agree a figure, what’s the best way to move forward? I hope to get a mortgage with Barnsley Building Society. Is it possible to avoid using solicitors to save us both money? My dad reckons back in the day he did a lot of it himself, just went into the land registry office and providing them with the info they needed himself
If you are getting a mortgage with Barnsley Building Society involved you will need to appoint a solicitor on the Barnsley Building Society conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Barnsley Building Society. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Barnsley Building Society conveyancing panel.
Is it common for Barnsley Building Society to withdraw a mortgage offer and what would be the reasoning?
Lenders such as Barnsley Building Society can revoke their mortgage offer although this is unusual. If Barnsley Building Society withdraw their offer they may or may not inform you or the lawyer as to their reasoning. There are various possible reasons but here are 5 examples:
- Where information comes to Barnsley Building Society ‘s attention regarding the customers or the security that they were not aware of prior to offer that affects their original decision to lend
- If the borrower informs Barnsley Building Society of a change in security address
- Where the Lender’s right to possession is fettered in some way
- If the lender reasonably suspects that the applicant, borrower, mortgagor or guarantor is involved in any criminal or fraudulent activity, including trading in illegal drugs or other substances, theft, robbery, deception or other serious offences, or if the applicant borrower, mortgagor or guarantor has a conviction for any serious criminal offence, including theft, deception, fraud, robbery or trade in illegal drugs or other substances;
- If the lender reasonably believe that the applicant, borrower, mortgagor or guarantor is insolvent or is about to become insolvent or has or will have a petition presented or if any one or all enter into any arrangement with their creditors generally or if any one or all should suffer a material change in their financial circumstances
Barnsley Building Society have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Barnsley Building Society or your broker and complete any relevant paperwork. Barnsley Building Society will tell you what documents they want. Barnsley Building Society will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Barnsley Building Society will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.